There is an active Facebook Group and meet up called "CR Area RE Investor Meetup".Good Luck on your investment journey!

If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

This comes close but does not meet my rule

That way hopefully worse case we hit a single or double and still do well.The syndicators using debt with the timing of the cycles and the stars to pull anywhere close to initial projections on the raise play a game of musical chairs where risk to loss is high.Keep integrity.

Looking forward to attending more breakout sessions at BPCON this year and meeting more presenters just like Scott!

If they are simply joint owners of real estate through a partnership, his w-2 hours would not help for REPS status, they would hinder as TP would need to work more hours managing their personal rental properties than working at the w-2 job and meet 750 hours managing them as well. 

Since you're not working, you may qualify for REPS, but you need to meet the750-hour requirement and materially participate in your properties.The $300k withdrawal will be taxed as ordinary income, so using cost segregation to create depreciation losses could help reduce your taxable income.

But I’m confident market rent will come up to meet inflation and the cost of housing.  

And, who do you want to meet most of all?